As we all know cryptocurrency is a digital currency where encryption techniques are used to ensure transaction details. There is no central authority for this network and it is operated independently. Bitcoin is a type of cryptocurrency and this can be used for online transactions between individuals.
CryptoEx provides a ready made software that helps people to start their own Bitcoin exchange business.This is a commercial software delivered with white labelled license.Their system architecture makes you feel easy to deploy it in any cloud or VPS servers. Administrator has the full control on exchange rates and commissions.
Registration and sign up
The system provides a simple registration form without any charge for users to process the registration. Email and phone number verification is done for secured access.If people try with false login attempts, then it will be blocked automatically.
Buyers and sellers can get connected within the application. Buyers can get the form filled and they can make payment via BTC and ETH. Once payment get confirmed sellers can release the bitcoins and it will be stored automatically in buyers wallet. Users have searchable filters to check their buy sell status. Email will be sent for each buy /sell activity that happens within the system.
Member to member fund transfer
Member to member fund transfer is handled securely with One time password option. Buyers can send funds through their bank account. Once the transaction is completed he will get the bitcoin released from sellers account .
Internal messaging feature is included in order to have a hassle free communication between buyers and sellers. This module can act as a member to member communication or a member to admin communication. Member to admin communication is very much important for users to get their queries clarified immediately.
This module helps people to get notified about the latest updates in their account as well as the system. Users can view the notification and it can be archived for later use.
Wallet fund transfer
Users can easily exchange their coins from one currency to another. Users can transfer their funds from one wallet to another wallet(Means changing it from one currency to another). The rates are set automatically using the API service.
Admin dashboard includes the latest information about the system and the key date summary. Admin panel is very much secured. This uses middleware and OTP protection.
CryptoEx provides complete source code and allows developers to add additional functions for enhancements based future business demand.
Their support ticket system manages all the customer queries in a faster and effective manner.
They have a complete web application and it would be great if customers get a complete package with mobile applications too.
Their features were good and the UI seems little down when compared to the modules list.The team can give equal importance for the design module as well.